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Expiring EV Tax Credit Sent Tesla Sales Into Overdrive But Its Flagships Crashed

  • Tesla sales rebounded in Q3 as Americans rushed before tax credits expired.
  • The automaker delivered 497,099 vehicles, up from 462,890 units last year.
  • Deliveries soared 29.4% from Q2 on strong demand for Model 3 and Model Y.

Tesla’s been having a terrible year, but there’s a bit of good news as third quarter deliveries climbed 7.4% from last year. That’s a sizable increase and it’s believed the recently expired clean vehicle tax credit played a significant role in driving consumers to showrooms.

Jumping right into the numbers, Tesla delivered 481,166 Model 3 and Model Y vehicles in the third quarter. That’s up from 439,975 last year, for an increase of 9.4%.

More: Tesla’s EV Market Share Just Sank Below 40%

However, it wasn’t all roses as the Model S, Model X, and Cybertruck continue to underperform. Q3 deliveries dropped from 22,915 units last year to 15,933 vehicles this time around.

In total, Tesla produced 447,450 vehicles and delivered 497,099. One year ago, the company made 469,796 EVs and only delivered 462,890.

2025 Q3 Tesla Production And Deliveries
 ProductionDeliveries
Model 3/Y435,826481,166
Other Models11,62415,933
Total447,450497,099
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Digging deeper, Tesla sales have rebounded significantly since Elon Musk’s disastrous foray into politics turned off a number of consumers. Compared to last quarter, deliveries soared an impressive 29.4%. The biggest boost came from the Model 3 and Y, which were up by 107,438 units. Deliveries of “other models” also grew by 53.3% as the company handed over 15,933 of them.

Of course, the sales bonanza is likely over now that the tax credit is dead. This means customers will need to shell out at least $42,490 for a Model 3 or $44,990 for the Model Y. Those prices will likely limit their appeal, although the company is working to address that with a cheaper Model Y.

They’re not the only ones working on more affordable EVs as Hyundai recently slashed prices for the 2026 Ioniq 5. The crossover starts at $35,000, which is $7,600 less than last year’s model. Other trims have steeper reductions and they average $9,155.

 Expiring EV Tax Credit Sent Tesla Sales Into Overdrive But Its Flagships Crashed

Ford’s Electrified Bronco Arrives In China With A Pop Up Roof Surprise

  • Ford has begun accepting orders for the Bronco Basecamp in China.
  • Early customers get a free pop-up glass roof, made for camping.
  • The model offers fully electric and range-extended powertrains.

Following its debut at the Chengdu Auto Show, Ford has opened orders for the new Bronco Smart Horse / Basecamp, the third model in its Bronco family developed exclusively for China. While that’s not too interesting, the company is sweetening the deal by giving early customers a free ‘one-click roof-lift camping package.’

More: Ford Shows Off Wild Bronco With No Roof, No Doors, And Nothing To Lose

Despite sounding like a pop-up tent, it’s simply a panoramic glass roof that tilts 14.2 inches (360 mm) skyward to provide more headroom above the second-row. This promises to be more comfortable than it sounds as the front seats fold down and have headrests that lower at the push of a button.

Customers can also fold the second-row seats down and apparently cover both rows with a Bronco-branded inflatable mattress.

Tailgate Tricks

The camping theme continues at the rear, where the Basecamp features what Ford calls a “mountain kitchen” on the tailgate. It includes a fold-down table as well as a magnetic strip for holding knives and silverware. There’s also a drinks holder as well as an integrated bottle opener.

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While this sounds a little odd, Ford refers to the Basecamp as their “first all-terrain camping SUV.” The company also noted customers can get ¥12,000 ($1,685) worth of free equipment by placing a ¥1,000 ($140) deposit on the vehicle.

Power in Two Flavors

Ford hasn’t said much about the Bronco Basecamp, but the fully electric variant has a dual-motor all-wheel drive system producing a combined output of 445 hp (332 kW / 451 PS). It’s powered by a 105.4 kWh battery pack, which delivers 404 miles (650 km) of range.

Customers can also opt for an extended-range variant, which has a turbocharged 1.5-liter engine, two electric motors, and a 43.7kWh battery pack. This version has 416 hp (310 kW / 421 PS) and an electric-only range of 137 miles (220 km). However, the ICE engine extends the overall range to 758 miles (1,220 km) in the CLTC cycle.

Size Matters

The new SUV rides on a 116.1-inch (2,950 mm) wheelbase, the same as the full-size four-door Bronco in the US and far longer than the 105.1 inches (2,670 mm) of the Bronco Sport. Overall length also stretches to 197.8 inches (5,025 mm), making it larger than both the Bronco at 189.4 inches (4,810 mm) and the Bronco Sport at 173.4 inches (4,400 mm).

For now, Ford has made it clear that the electrified Bronco Basecamp is destined solely for China, with no plans to bring the model to North America.

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Lucid CEO Reminds Everyone Tesla’s Model S Hasn’t Changed Since The Obama Era

  • Uber invested $300M in Lucid during July to support future growth.
  • The deal includes 20,000 Gravity SUVs for a new US robotaxi fleet.
  • Lucid’s CEO claims Tesla’s aging lineup is helping attract new customers.

The Lucid Air may already be known as one of the most advanced electric cars on the road, boasting the longest range of any EV sold in the United States, but the brand itself is still fighting an uphill financial battle. Each vehicle sold continues to come at a steep loss, so its recent tie-up with Uber, along with efforts to lure drivers away from rival brands, could prove critical to securing a stable future.

Read: Lucid’s Next EV Isn’t A Sedan, It’s An Affordable Off-Roader Made In Saudi Arabia

Through its tie-up with Uber, Lucid will receive $300 million in investments, making Uber its second-largest shareholder after the Saudi Public Investment Fund. Uber will purchase 20,000 Gravity SUVs from Lucid and use them as part of an expansive robotaxi fleet that’ll be introduced across the States starting next year.

Big Backer, Big Bet

This deal could not have come at a more crucial time for Lucid. Following the Trump administration’s decision to axe the EV tax credit and eliminate fines for carmakers who don’t comply with emissions regulations, electric vehicle manufacturers face the prospect of falling sales. Even so, Lucid chief executive Marc Winteroff is confident the Uber deal will serve as the start of an important new era for the brand.

“The largest ride-hailing business in the world does a strategic deal and invests,” Winteroff said. “It tells you something… 20,000 is a starting point. The sky’s the limit.”

Lucid is also thinking of innovative ways to make the most of its Uber deal. According to the firm’s leader, it will sell vehicles to fleet managers on the Uber platform, and wants to source revenue from charging on a per-mile basis. Winteroff added that the removal of the tax credit is “a big number of pure profit that we know have to live without,” so it’s understandable why the firm wants to make the most out of the Uber deal.

 Lucid CEO Reminds Everyone Tesla’s Model S Hasn’t Changed Since The Obama Era
Lucid Gravity X Concept

Taking Aim at Tesla

During the same interview, Winteroff moved beyond the Uber deal and took a thinly veiled swipe at Elon Musk’s company. He said Lucid has noticed a rising number of Tesla owners making the switch, pointing to the brand’s aging lineup and Musk’s political involvement, which has turned off many buyers.

“We have seen an uptick, that’s definitely the case, in Europe and also here in the US,” Lucid’s CEO revealed. “The Model S, nothing has changed in 12 years now… [customers] are actively looking for other options.” However, Lucid has a long way to go before it can truly threaten Tesla when it comes to sales numbers.

Key to Lucid’s future plans is a mid-size SUV. This new model will start at under $50,000 and may be named the Earth. It will take styling cues from the brand’s existing models, and its production is scheduled to start by the end of 2026. It will also spawn a rugged version inspired by the recent Gravity X Concept and be followed up by an additional model, set to launch in 2028.

 Lucid CEO Reminds Everyone Tesla’s Model S Hasn’t Changed Since The Obama Era

Hyundai Enjoys Record Sales Thanks To Some Unlikely Models

  • Hyundai sold 678,349 vehicles across the US so far this year.
  • Deliveries jumped by a significant 14 percent in September.
  • Some models like the Sonata and Santa Cruz are still struggling.

Hyundai sales surged to record heights in the US last month, thanks in part to a significant increase in demand for its EVs and a few of its SUV and sedan models. And, despite the removal of the federal EV tax credit at the end of September, the Korean carmaker appears confident it can keep the momentum going through the rest of the year and into 2026.

Read: The EV Price War Just Got Real And Hyundai Fired First

In September, Hyundai sold a total of 71,003 vehicles in the US market, a 14 percent increase over the 62,491 sold the same month last year. In addition, Hyundai’s Q3 sales were up 11 percent to 678,349 units compared to the 610,494 sold through the first three quarters of 2024.

EVs Leading the Charge

Several models contributed to the surge in demand last month. The all-electric Ioniq 5 stood out, with sales soaring 152 percent from 3,336 units to 8,408. While many automakers saw a final bump in EV sales before the federal tax credit expired, Hyundai has moved quickly to soften the impact.

The company is now offering a $7,500 cash incentive on 2025 models, along with price cuts of up to $9,800 on 2026 Ioniq 5s. Year-to-date, sales of the Ioniq 5 have climbed 36 percent, from 30,318 units to 41,091.

Hyundai US Sales 2025
ModelSep 25Sep 24Diff.YTD-25YTD-24Diff.
Elantra13,80811,186+23%116,212101,618+14%
Ioniq 58,4083,336+152%41,09130,318+36%
Ioniq 6814599+36%9,1329,097+0%
Ioniq 91,07504,1770
Kona4,0785,144-21%57,27864,508-11%
Nexo12-50%389-97%
Palisade6,7908,202-17%92,78281,792+13%
Santa Cruz1,7882,125-16%20,63325,171-18%
Santa Fe10,1147,918+28%102,16083,681+22%
Sonata3,7225,575-33%45,91448,430-5%
Tucson17,56916,802+5%165,239145,947+13%
Venue2,8361,602+77%23,72819,843+20%
SWIPE

Elsewhere, sales of the Ioniq 6 have jumped 36 percent, although it remains a small blip in terms of Hyundai’s overall sales, with just 814 sold in September and 9,132 sold this year. The large, three-row Ioniq 9 sold 4,177 examples.

Demand for the small Venue also soared by 77 percent last month, with 2,836 finding new homes across the country. Hyundai reported a 28 percent rise in Santa Fe sales to 10,114 units. In September, sales of the Elantra increased by 23 percent.

There are some outliers in what has been a very good year for Hyundai. For example, year-to-date sales of the Sonata are down 5 percent to 45,914, Santa Cruz has fallen 18 percent to 20,633, and the Kona is down 11 percent to 57,278.

 Hyundai Enjoys Record Sales Thanks To Some Unlikely Models

Fiat Turns Fastback Concept Into A New Panda

  • Prototype previews a budget-friendly fastback crossover for Panda buyers.
  • It rides on Stellantis Smart Car underpinnings with ICE, hybrid, and EV choices.
  • The production version resembles the Citroen Basalt sold overseas markets.

A new chapter in Fiat’s Panda lineup is beginning to take shape, with fresh variants now undergoing tests on European roads. Among them is a budget-friendly fastback crossover that aims to combine everyday practicality with a more distinctive silhouette, set to be offered with gasoline, mild-hybrid, and fully electric powertrains.

The fastback first appeared in concept form in early 2024, shown alongside a hatchback that evolved into the Grande Panda, plus an SUV, pickup, and camper study. The prototype caught in camouflage testing looks toned down compared to the concept, trading some of its flair for more traditional proportions and a simplified glasshouse.

More: Fiat’s Gas Comeback Brings A Manual Transmission To A Car Once Meant To Be EV Only

Up front, the resemblance to the Grande Panda is clear, with boxy LED headlights featuring pixel-style graphics, a closed-off grille, and a single intake low on the bumper. From the side, the longer wheelbase and large-diameter alloys give it a stretched stance. The shape of the windows hints strongly at Citroen design influences, something that makes sense once you look at its family connections.

At the rear, heavy camouflage hides much of the fastback curve, but you can still spot slim taillight elements mounted high and the license plate positioned on the bumper. A discreet exhaust tip tucked beneath the car suggests this particular prototype is running a combustion engine.

 Fiat Turns Fastback Concept Into A New Panda

The original concept (above) compared to the production version (below).

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SH Proshots

An Italian With A French Sibling

Despite its silhouette, the car isn’t related to the the Fiat Fastback that is available in South America since 2022. Instead, it shares DNA with another Stellantis product, the Citroen Basalt, which launched in 2024 for markets including India, Brazil, Argentina, and Indonesia. That model is mechanically linked to the C3 hatchback and C3 Aircross SUV, though it wears a more coupe-like shape.

More: Fiat’s Next Big Thing Is This Small Thing Reviving A Classic

Fiat’s newcomer will sit on Stellantis’ Smart Car platform, the same underpinnings found in the Grande Panda, the European-market Citroen C3 and C3 Aircross, and the Opel Frontera.

Engine choices are expected to include the 1.2-liter turbocharged three-cylinder in both standard petrol and mild-hybrid configurations, alongside a full EV variant. While the default setup is front-wheel drive, there’s a chance an all-wheel-drive version could follow, echoing the planned Grande Panda 4×4.

Fiat has confirmed that the full Panda family will roll out by 2027, with the fastback likely to be the first of the new additions to reach showrooms. An official unveiling is expected within the next few months.

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Someone Looked At Mutt Cutts And Said Hold My Champagne And Caviar

  • Rolls-Royce created a bespoke commission for a Labrador-Golden Retriever mix.
  • The Spectre Bailey features unique paint, paw prints, and a wood veneer portrait.
  • It belongs to a US couple described as car enthusiasts and lifelong animal lovers.

It’s one thing to commission a Rolls-Royce with personalized colors and handcrafted trim, but it’s quite another to turn the world’s most opulent coupe as a shrine to the household dog.

That was the premise behind a one-off Spectre commissioned by a couple in the United States, who decided their Labrador-Golden Retriever mix deserved a tribute on four wheels, executed with the kind of extravagance only Rolls-Royce would entertain. The project became the Spectre Bailey, curated through Rolls-Royce’s invitation-only Private Office in New York.

A Portrait in Veneer

Between the rear seats sits the highlight, a portrait of Bailey, rendered not in paint but in marquetry. More than 180 separate pieces of veneer in 22 different shades were cut, shaped, and assembled for the inlay, a task that consumed over four months of craftsmanship. In other words, the dog’s likeness took longer to complete than the actual car.

More: Rolls-Royce Turns Its $400K EV Into A Cherry Blossom Diorama For Grown-Ups

The rest of the interior is styled to echo Bailey’s fur, an exercise in matching leather to Labrador. Moccasin and Creme Light dominate, with Dark Spice and Casden Tan accents filling in the contrast, all framed by High Gloss Royal Walnut veneer.

Just in case anyone missed the theme, a paw print decorates the passenger side of the dashboard, with more scattered across the Rose Gold treadplates, like a luxury scrapbook of muddy footprints.

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The exterior treatment follows the same playbook of canine devotion. The main bodywork wears Crystal Fusion, topped with a bespoke shade called Beautiful Bailey, an iridescent paint mixed to capture the shimmer of fur on the dog’s ear.

More: Spectre Black Badge Is The Most Powerful Rolls-Royce Ever Created

As if that weren’t enough, the coachline carries a hand-painted paw print in Rose Gold, with the same gilded touch given to the Spirit of Ecstasy.

Standard Spectre Beneath

Beneath all the custom flourishes, it remains an ordinary Spectre. Power comes from an electric drivetrain producing 577 hp (430 kW / 584 PS), backed by a 120 kWh battery good for 266 miles (428 km) on a charge. The owners apparently saw no need for the angrier 650 hp Black Badge variant.

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Unlike Bailey, whose likeness now adorns half the cabin, the couple behind the Spectre Bailey would rather remain anonymous. After unveiling their rolling tribute, they offered the following statement:

“We are lifelong car enthusiasts, yes, but we are also lifelong animal lovers, and our dog Bailey is a cherished member of our family. When we started our Rolls-Royce Spectre commission, we saw the opportunity to create something beautiful which would remind us of him for decades to come. Working with the Rolls-Royce Bespoke Collective, we were surprised at every turn with their wonderful ideas – the wood inlay, or the paw prints on the sill – which added so much to the experience. Spectre Bailey is everything we hoped for and more; it’s a joyful tribute to our loyal companion.”

Priceless. For Some

Rolls-Royce has not disclosed the cost of this one-off, though anyone remotely familiar with the brand knows “expensive” is a given. As for Bailey, he remains blissfully unaware that his likeness has been immortalized in marquetry and metallic paint.

Tesla’s Budget Model Y Isn’t As Cheap As It Looks If This Leak Is Real

  • Tesla’s Model Y Standard is said to drop luxury touches for only $5K off the price.
  • Cut features reportedly include glass roof, second-row screen, and HEPA air filter.
  • Redesigned fascia loses full-width LED light bar and gets a simple looking bumper.

What could be our first look at Tesla’s long-rumored entry-level Model Y has surfaced online, sparking plenty of debate about whether it’s the real deal. If it is, then the newcomer appears to take a seriously pared-back approach compared to the Model Y we know today, stripped of many features that define its higher-priced counterparts.

The open question is whether such a cut-down version would help Tesla boost sales across the US and other key markets, or if it risks being seen as too compromised to win over buyers. Of course, much of the answer will hinge on pricing, especially compared with the current base Model Y Long Range Rear-Wheel Drive, which starts at $44,490 in the States now that the $7,500 tax credit has disappeared.

Simpler Looks

The image comes from TheTeslaNewswire on X, which claims the shot briefly appeared on Tesla’s website before disappearing. In the photo, the the new base Model Y ditches the full-width LED light bar fitted to current crossover and instead wears a pair of narrow headlights that resemble those on the refreshed Model 3. The front bumper has been pared back too, losing its usual air curtains and settling for a plainer black grille along the lower edge.

Read: Tesla’s Budget Model Y Is So Stripped Down It’s Begging For Tips

This entry version, apparently set to carry the Model Y Standard badge, rides on 18-inch wheels with black plastic aero covers. The effect is about as minimal as Tesla has ever gone on its mainstream models.

A No-Frills Cabin

Several changes are also being reported, although official images have yet to appear. The same account that dug through the website’s source code suggests the panoramic glass roof, standard on all current Tesla passenger models, will be dropped in favor of a solid roof, with textile trim pieces added in its place.

A manually adjustable steering wheel will also be part of the package. In the back, the second-row touchscreen has been dropped, replaced with manual air vents. Tesla has removed the HEPA filter as well, a change that lines up with reports from a well-known hacker who mentioned similar cuts last month.

Extract 1:

Model Y Standard","Bring Everyone and Everything","Unparalleled Efficiency","Have More Fun","Virtually Low Maintenance","Built for Safety"],"card_description":[" ","For anybody and every drive.","Load up your friends and family with seating up to five and bring all…

— The Tesla Newswire (@TeslaNewswire) October 1, 2025

An extract from Tesla’s website describing the new model was also shared on X by the same account. it says Tesla describes the model as providing “unparalleled efficiency” and having “virtually low maintenance,” which we suspect should say ‘virtually no maintenance.’ Tesla also notes that it doesn’t require “oil changes, tunes ups or smoke checks,” and that all owners will need to do is “refill the washer fluid and rotate your tires.”

When Cheap Isn’t That Cheap

Then there’s the all-important price. Apparently, the Model Y Standard will start at a claimed $39,990 in the United States. That’s only $5,000 less than the current base Model Y Long Range Rear-Wheel Drive, which doesn’t sound like a good deal, particularly given all the features the Standard version is lacking. Even more so if you consider that just days ago, before the federal EV tax credit was scrapped, buyers could pick up the Long Range RWD for as little as $37,490.

🔥🔥 More affordable Tesla Model Y Standard leaked on the website!

✅ Called Model Y Standard
✅ $39,990 starting price
✅ Redesigned front fascia
✅ Single-part headlights
✅ Front bumper camera
✅ No front light bar
✅ No glass roof (“closed glass roof”)
✅ New 18” Aperture… pic.twitter.com/eGm4QnMxJm

— The Tesla Newswire (@TeslaNewswire) October 1, 2025

Updated Tesla Model 3 Quietly Gets The Features You Demanded But Only Overseas

  • The new features have been announced in Japan, South Korea, and Taiwan.
  • In August, Tesla also announced the addition of stalks in Chinese-made EVs.
  • It’s not yet clear if there are any plans to bring the same updates to the US.

While most agree that the facelifted Model 3 that was unveiled two years ago is an improvement over the model it replaced, there’s one aspect that many dislike about the new model: the absence of a turn signal stalk. For some unexplained reason, Tesla decided to move the signals to the steering wheel. Others, like Ferrari, have done the same, but Elon Musk’s products are targeting a much wider audience.

Read: Tesla Quietly Brings Back Turn Signal Stalks To Model 3 After Years Of Complaints

However, much to our surprise, traditional stalks are making a comeback, but so far only on Asian-delivered Model 3s in three specific markets. This week, Tesla previewed an updated Model 3 that will be sold in Japan, South Korea, and Taiwan. In its promotional material, the brand revealed that the tweaked Model 3 includes a stalk for the turn signal positioned on the steering column, just as it should be.

A Quiet Reversal

The reappearance of the stalk isn’t entirely new. Beyond keeping them on the refreshed Model Y, Tesla also quietly brought it back for the Chinese-market Model 3 in August, even offering retrofits for older cars at 2,499 yuan, or about $350. This rollout now extends to three more countries, suggesting Tesla has fully reintroduced the hardware into its production line.

 Updated Tesla Model 3 Quietly Gets The Features You Demanded But Only Overseas

In addition to reintroducing a stalk for the Model 3 in Asia, the company has fitted a front-facing camera on the bumper. It’s a feature Tesla fans have been requesting for years, and it should make squeezing into tight spaces noticeably less stressful.

What About The US?

Despite those changes in cars sold in Asia, Tesla has yet to confirm if it will make the same small additions to American ones, but we think it’d be weird not to. Evidently, it has found suppliers for these parts and has all the tooling to install them, so it’ll simply be a matter of adding them to US-built cars.

🔥 Tesla has launched an updated Model 3 in select Asian countries, featuring:

✅ Front bumper camera
✅ Turn signal stalk
✅ No front logo

Available in:
🇯🇵 Japan
🇰🇷 South Korea
🇹🇼 Taiwan https://t.co/0B0coCN0pc pic.twitter.com/xQJmgMZlbV

— The Tesla Newswire (@TeslaNewswire) October 1, 2025
 Updated Tesla Model 3 Quietly Gets The Features You Demanded But Only Overseas

First 2026 Model Y Performance Reviews Are In And They’re Divided

  • Model Y Performance packs 460bhp, 0-62 mph in 3.5s, and adaptive suspension.
  • Top Gear calls it stable and refined, but says Long Range AWD offers better value.
  • Priced £10,000 higher in the UK, yet real-world benefits remain fairly marginal.

It’s official. The new Tesla Model Y Performance is rolling out across most global markets, including the US where it comes in at $57,490, as well as Europe. Buyers get more power, more speed, updated styling, and subtle chassis tweaks.

In Britain, the starting figure is £61,925 (around $75,500), which makes it roughly £10,000 more than the Long Range AWD. In the US, the gap is a little narrower at $8,500. Even so, Top Gear argues that the premium is enough for buyers to think twice before ticking the Performance box.

More: New Tesla Model Y Performance Turns Supercar Thrills Into A Bargain Family Affair

Tom Ford from the famous British auto journal drove the updated Performance variant and found that while it delivers excellent performance, the upgrades don’t make it a must-have. The SUV is unquestionably quicker and sharper, but Ford noted that the standard Long Range already accelerates in under five seconds, offers slightly more range, and costs £10,000 less in the UK.

What extras buy you

The Performance gets a handful of changes to justify that price hike, including staggered Arachnid 2.0 21-inch wheels, red-painted calipers, revised bumpers, and a carbon spoiler. Tesla claims it’s cut drag by 10 percent and lift by 64 percent compared to the original Model Y Performance. It also gets a larger 16-inch infotainment system, carbon interior trim, and sport seats with extra bolstering.

Under the skin, it has a lot going for it on paper. The suspension features reinforced parts, stiffer bushings, and adaptive bits as well. It’s good enough that Ford says it’s “class-leading.” Despite that, the sum of its parts doesn’t end up being good enough for an all-out recommendation. “It’s not night and day better than the standard vehicle,” he says.

Everyday reality check

Drilling down further, he gets into the nitty-gritty of the situation for real, everyday buyers. This is, after all, a relatively (if not slightly pricey) mainstream crossover. It’s not a Model X or another flagship of sorts.

As he put it, “A Y is a family SUV, so more go isn’t needed – the fast stuff makes more sense in, say, a Model 3. And then there’s the fact that the standard all-wheel drive long-range car is still sub-five to 62mph, has a smidge more range, doesn’t look much different, and costs a straight £10k less.”

At this point, it sounds like the Model Y Performance is indeed an upgrade over the Long Range in terms of driving engagement. At the same time, it’s not a leap-and-bound sort of improvement.

Could Tesla have done more?

That’s a bit curious considering a few small things, like perhaps simulated gear shifts and some fun faux exhaust or rev noises might have amped up the fun like Hyundai does with the (a lot) more expensive Ioniq 5 N. We’ll have to wait to test one stateside to make our own determination. Until then, what do you think of the latest high-spec Model Y?

Ford Boss Warns EV Sales Could Collapse To Half

  • Jim Farley says the EV market will be smaller than previously expected.
  • EVs currently account for between 10to 12 percent of the US car market.
  • Ford says its EV team is frequently analyzing the demand for electrified cars.

The end of the federal EV tax credit has left the industry on edge, and Ford’s top executive is warning of serious consequences. Without the $7,500 incentive, Jim Farley believes demand for electric vehicles in the United States could collapse, with sales potentially dropping by half. It’s a sobering reminder of how much the credit has shaped America’s shift toward electrification.

Read: Jim Farley – “If We Lose This, We Do Not Have A Future Ford”

Speaking at the automaker’s  “Ford Pro Accelerate” event in Detroit, Farley said EVs might soon represent only 5 percent of the overall US car market, a level last seen in 2022 and well below the record 10 to 12 percent share expected this month. That projection paints a far more modest future for electric adoption than many in the industry had anticipated.

A Shrinking Market?

“I think it’s going to be a vibrant industry, but it’s going to be smaller, way smaller than we thought, especially with the policy change in the tailpipe emissions, plus the $7,500 consumer incentive going away,” Farley said. “We’re going to find out in a month. I wouldn’t be surprised that the EV sales in the U.S. go down to 5%.”

According to Farley, Ford’s Model e team is continually analyzing the demand for electrified vehicles. The car manufacturer will also have to change plans and decide how it should make use of excess EV capacity and its battery factories.

 Ford Boss Warns EV Sales Could Collapse To Half

Adjusting To New Rules

“We’ll fill them, but it will be more stress, because we had a four-year predictable policy,” Farley noted. “Now the policy changed. … We all have to make adjustments, and it’s going to be good for the country, I believe, but it will be one more stress.”

During the same event, Farley also acknowledged that Ford’s customers are not interested in an expensive electric car. As such, the carmaker will need to make cheaper EVs, but now that the tax credit is gone, doing so will be much more difficult than before.

“Customers are not interested in the $75,000 electric vehicle,” the Ford CEO said. “They find them interesting. They’re fast, they’re efficient, you don’t go to the gas station, but they’re expensive.”

 Ford Boss Warns EV Sales Could Collapse To Half

The EV Price War Just Got Real And Hyundai Fires First With Massive Discounts

  • Hyundai has lowered pricing on the Ioniq 5 by up to $9,800.
  • The EV now starts at $35,000, which is down from $42,600.
  • Despite being cheaper, it also gains a dual-level charging cable.

The clean vehicle tax credit expired yesterday and Hyundai isn’t wasting any time as they’ve lowered Ioniq 5 pricing by an average of $9,155. That’s a huge drop and the entry-level model now begins at $35,000, which is $7,600 less than last year’s model.

Buyers looking for more power and range can upgrade to the Ioniq 5 SE, which begins at $37,500. That’s down $9,150 from last year’s starting price of $46,650.

More: Hyundai’s American-Made Ioniq 5 Costs More But Goes The Extra Mile

The biggest decline can be found on the well-equipped SEL trims, which cost $39,800 with rear-wheel drive and $43,300 with all-wheel drive. Both variants are a staggering $9,800 less than their predecessors.

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Hyundai said they’re repositioning the model to “better align with current market dynamics and support increased U.S. production volume.” They added the changes come as “part of a broader strategy to maintain the Ioniq brand’s leadership in the electric vehicle space while responding to shifting consumer expectations and competitive pressures.”

Despite the significant price cuts, Hyundai appears to have avoided removing equipment to lower costs. In fact, they added a dual-level charging cable.

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Additional changes are limited, but there’s a new Sage Silver Matte paint job. Cosmic Blue Pearl and Vibrant Ultimate Red have also been extended to all trims.

While Hyundai didn’t mention the tax credit, they’re offering a $7,500 incentive for customers who purchase or lease a 2025 model. However, you might be better off waiting for the 2026 Ioniq 5, unless there are some serious discounts on top of that.

Hyundai Ioniq 5 Pricing
Model25 MSRP26 MSRPChange
IONIQ 5 SE RWD SR$42,600$35,000($7,600)
IONIQ 5 SE RWD$46,650$37,500($9,150)
IONIQ 5 SEL RWD $49,600$39,800($9,800)
IONIQ 5 Limited RWD$54,300$45,075($9,225)
IONIQ 5 SE AWD$50,150$41,000($9,150)
IONIQ 5 SEL AWD$53,100$43,300($9,800)
IONIQ 5 XRT AWD$55,500$46,275($9,225)
IONIQ 5 Limited AWD$58,200$48,975($9,225)
SWIPE

Prices exclude a $1,600 destination fee

Dodge Axes Most Powerful Charger Daytona Before Launch

  • Supplier sources claim the Charger Daytona SRT Banshee has been canceled.
  • Stellantis continues to roll back EV plans, reviving HEMI V8s across its lineup.
  • Dodge now focuses its efforts on the Hurricane-powered Charger SIXPACK.

The electric Dodge Challenger hasn’t had the greatest start to life. After middling reviews, low sales, and many reports of problems, things might be getting even worse. According to industry sources, the 800-volt Banshee halo trim is dead before it ever arrives.

More: Ford, GM, And Stellantis Paid Billions To Tesla And Rivian Until Trump Pulled The Plug

Over the past six months, Stellantis has made a dramatic pivot from its EV goals to a more conventional ICE-focused plan. The HEMI V8 is reigning supreme once again with its reintroduction to the Ram 1500, exclusive use in the Durango, and continuation in the Jeep Wrangler. Heck, even the Gladiator might get one.

Strategy in Flux

That makes a report from MoparInsiders indicating the death of the flagship SRT Banshee all the more believable. Suppliers allegedly claim that Dodge has axed the car entirely. Dodge didn’t confirm or deny the decision when we asked for comment.

“Stellantis continues to reassess its product strategy to align with consumer demand”, a press spokesperson told us. “Our plan ensures we offer customers a range of vehicles with flexible powertrain options that best meet their needs. With the great news announced in July that Stellantis is bringing back its iconic SRT performance division, it follows that we are also reviewing the plan for future SRT vehicles.”

 Dodge Axes Most Powerful Charger Daytona Before Launch

Rules No Longer Binding

Undoubtedly, the brand is clearly willing to make big sweeping changes now that EPA regulations basically don’t matter, and as a result, automakers won’t have to pay for carbon emission credits. The all-electric Ram REV is dead, as is the Jeep Gladiator 4xe plug-in hybrid. What’s one more EV that would’ve cost more than the Charger Daytona already does?

That said, it’s not as if performance at the brand is going by the wayside. The Charger SIXPACK is rolling out and promises a taste of what the Hellcats once offered. The possibility of a V8 Charger feels more plausible than ever, even if it’ll take reworking of the chassis and engine bay. We’ve reached out to Stellantis and will update this piece if we hear anything new. 

 Dodge Axes Most Powerful Charger Daytona Before Launch

Credit: Michael Gauthier / Dodge

The 2026 Polestar 3 Gets Serious Upgrades, Current Owners Get One Free

  • The 2026 Polestar 3 has been unveiled with a number of major updates.
  • EV sports new batteries, more power, and an 800V electrical architecture.
  • Range-topping Performance trim delivers 671 hp, up 154 hp from before.

Volvo introduced the upgraded EX90 last month, so it comes as little surprise that Polestar has taken the wraps off the updated 3. Like its counterpart, the changes are extensive and CEO Michael Lohscheller described it as being “like an entirely new car.”

That’s a bit of a stretch, but the crossover trades its 400V electrical architecture for an all-new 800V setup. This allows for a 350 kW DC fast charging capability, which significantly lowers the time it takes the battery to go from a 10% to 80% charge. Polestar says this can now be accomplished in 22 minutes, which is 25% faster than its predecessor.

New Batteries And Upgraded Electric Motor

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Besides an improved charging experience, the model has been equipped with new 92 and 106 kWh battery packs. Polestar also noted the crossover is up to 6% more efficient in the WLTP cycle.

The powertrain upgrades don’t end there as the Polestar 3 has been equipped with a new rear-mounted electric motor that was developed in-house. It produces 329 hp (245 kW / 333 PS) and 354 lb-ft (480 Nm) of torque, which is an increase of 34 hp (25 kW / 34 PS) but a decline of 7 lb-ft (9 Nm).

The dual-motor variant now develops 536 hp (400 kW / 544 PS) and 546 lb-ft (740 Nm) of torque, which compares to the previous rating of 483 hp (360 kW / 489 PS) and 620 lb-ft (840 PS). This lowers the 0-60 mph (0-96 km/h) time from 4.8 to 4.5 seconds.

Lastly, the 3 Performance has a combined output of 671 hp (500 kW / 680 PS) and 642 lb-ft (870 Nm) of torque. This is a huge increase of 154 hp (115 kW / 156 PS), but the torque rating drops 29 lb-ft (39 Nm). Thanks to the extra oomph, the crossover hits 60 mph (96 km/h) in 3.8 seconds, before hitting a top speed of 143 mph (230 km/h).

Furthermore, the front-mounted motor now features an automatic disconnect function. This helps to improve efficiency and range, when extra traction isn’t needed.

Driving dynamics have also been improved thanks to updated anti-roll bars and new steering software. Polestar said the changes result in a “more direct and engaging driving experience across all model variants.”

A New Processor For Customers Old And New

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On the tech front, buyers will find a new NVIDIA DRIVE AGX Orin processor. It replaces the previous Xavier unit and the company said the swap increases processing power from 30 to 254 trillion operations per second. That’s a huge increase and it allows for “faster, more intelligent management of active safety systems, battery performance, and sensor data.”

As with the EX90, current owners won’t miss out on the hardware upgrade as it’s being offered as a “complimentary retrofit.” Starting early next year, existing owners will be able to visit their nearest service center and have the processor replaced for free.

New Names And Revamped Equipment

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Polestar announced a handful of other minor updates including a simplified naming structure that consists of Rear Motor, Dual Motor, and Performance variants. That’s a small, but welcome change as “Long range Dual motor with Performance pack” didn’t exactly roll off the tongue.

Buyers will also find updated equipment, including seat belts that reflect the trim level. Rear Motor variants have black belts, while Dual Motor models have black belts with a Swedish gold stripe. The range-topping Performance has full Swedish gold belts, making for an unusual distinguisher.

Polestar also mentioned a new Climate pack with heated rear seats and a heated steering wheel as well as a Prime pack that “bundles together Pilot, Plus, and Climate packs in combination with rear privacy glass.” Additionally, active road noise cancellation and a Bowers & Wilkins premium audio system can now be had as standalone options.

More: New Polestar 5 Doesn’t Need A Rear Window To Put Porsche On Notice

Exterior changes are minor, but Storm replaces Thunder on the color palette. Customers will also find larger “Polestar 3” badging on the doors, which is now accompanied by a trim identifier.

Interior changes are more modest, but the crossover now comes standard with bio-attributed MicroTech upholstery in Charcoal. It’s paired with repurposed aluminum trim, which used to be optional.

The 2026 Polestar 3 will initially be launched in the United Kingdom, where it sold out last year. It will then spread to other markets, although some details may vary slightly.

 The 2026 Polestar 3 Gets Serious Upgrades, Current Owners Get One Free

Honda Passport Sales Explode As ZDX Proves Why It Was Canned

  • Passport sales have surged nearly 75% in 2025, led by the TrailSport trim.
  • Honda hybrids set new records, with CR-V, Accord, and Civic leading the charge.
  • Acura’s discontinued ZDX continues to struggle, reinforcing its short-lived fate.

Car buyers might be feeling the pinch of limited supply, but Honda’s sales figures show that demand for its lineup remains strong. Together with Acura, the group moved 105,097 vehicles in September, despite tighter inventories across popular models. The real standout was the Passport, which is having its best year ever. On the flip side, Acura’s ZDX, which was recently discontinued after just a single year on the market, struggled.

More: Should The Next Honda Ridgeline Look Like The New Passport?

Total Honda sales reached 95,391 for the month, which is virtually unchanged from last September at just 0.3 percent lower. Looking at the bigger picture, year-to-date deliveries are up 4.1 percent. Passport demand has been a major driver, with sales up 75.5 percent for the year and a striking 108.8 percent for September alone. Nearly 80 percent of buyers are choosing the rugged TrailSport trim, suggesting that Honda’s more adventurous positioning has struck a chord.

SUV Strength

The CR-V continued its domination with over 28,000 sales in September, more than half of which were hybrids, while the Pilot and HR-V chipped in another 20,000 sales combined. On the passenger car side, Honda sold almost 30,000 sedans and coupes in September.

Accord and Civic hybrids made up 47 percent and 36 percent respectively. Electrified models in general set a new monthly record (32,387), thanks in part to the rollout of the Prologue EV.

 Honda Passport Sales Explode As ZDX Proves Why It Was Canned

Acura’s Mixed Bag

Acura, meanwhile, moved 9,706 vehicles in the ninth month of the year. That’s actually a drop in sales year over year of 2.2 percent. The Integra held firm at sales of over 1,500 units. The MDX and RDX combined for over 4,800 deliveries, and the ADX is, according to the brand, “capturing a segment-leading nearly 30% of retail sales”.

On the downside, the ZDX continues to be the white elephant in the lineup, experiencing a 61.3 percent drop in September sales year over year. While that might sound excessive, in cold hard units, that’s a drop from 979 units in 2024 to just 395 this year.

Since the start of the year, Acura has delivered only 11,915 examples. To put that into perspective, Honda has already sold more than three times as many Prologues in the same period. With numbers that lopsided, it is not surprising production of the ZDX has already been cut short.

 Honda Passport Sales Explode As ZDX Proves Why It Was Canned

A Prototype Exploded Inside Faraday Future’s HQ Leaving The LA Building Condemned

  • An early Faraday Future FF91 prototype caught fire inside its Los Angeles headquarters.
  • Firefighters battled the blaze for 40 minutes before the damaged building red-tagged.
  • Faraday claims the battery was not responsible, citing wiring or a 12-volt short.

Faraday Future is back in the news, but not for the reasons it would prefer. Early on the morning of September 28, an early FF91 prototype caught fire in the company’s headquarters. Nobody was hurt, but we can’t say the same for the building, which is now off-limits for workers.

More: This Used Faraday Future FF 91 Sold For $235,000

The Los Angeles Fire Department received a call at 4:37 a.m. about the blaze and managed to extinguish it within 40 minutes, says TechCrunch. Sprinklers inside the building helped slow the fire, but not before an explosion blew out part of a wall. Firefighters had to force entry into the building, and once the fire was out, an inspector red-tagged the property.

Early Prototype Up in Smoke

After the fire, the company quickly moved to temper concerns with a public statement. It stressed that the battery pack wasn’t involved and pointed out that the vehicle in question was an old prototype.

Internally referred to as B40, the company said the car is about nine years old and that “its interior materials do not meet the flammability standards of production vehicles. This beta prototype is entirely different from FF 91 production vehicles, and therefore, we believe this incident will not result in any recall of production models.”

The brand will conduct a full investigation, and for now, they think the fire started due to a short circuit in the showroom wiring itself or a loose connection in the vehicle’s 12-volt system.

Not the First Fire

This isn’t the first time Faraday Future has faced a blaze involving one of its test cars. Back in 2022, another prototype reportedly went up in flames, though few details ever emerged about that event other than a set of photos. For a company already fighting for stability, each incident adds to a growing cloud of doubt.

The latest fire comes at an especially volatile time for the embattled company.

Statement on Fire Incident at Faraday Future Satellite Office Building

In the early morning of Sunday, September 28 (PST), a fire occurred at FF’s satellite office building at our U.S. headquarters. The company attaches great importance to this matter and would like to provide…

— Faraday Future (@FaradayFuture) September 30, 2025

After the FF91 turned out to be a flop, Faraday Future has been working on plans to federalize and sell a Chinese-made van with a screen on its face. In recent months, it’s come under fire for a controversial crypto-related pivot and for allegedly missing payments for the property where the fire happened. The lease ended at the end of September.

While the company says the fire poses no risk to production vehicles, it’s certainly not going to restore trust or confidence in owners, landlords, and shareholders alike. 

 A Prototype Exploded Inside Faraday Future’s HQ Leaving The LA Building Condemned

Source: Faraday Future, Techcrunch

Ford EV Sales Took Off Like Black Friday Doorbusters In Q3

  • Ford sold 85,789 electrified vehicles in Q3, up 19.8% year-over-year.
  • Mustang Mach-E and F-150 Lightning posted record quarterly sales.
  • Hybrids remain the volume leaders, led by F-150 and Maverick models.

Ford just posted its seventh straight month of growth and capped off a successful third quarter. It wasn’t just one or two models that did the heavy lifting, either. Not only were traditional ICE vehicles like Bronco, Explorer, and Expedition big hits, but electrified cars, trucks, and SUVs smashed records. Here’s a look at the details.

More: Ford Sold More Than Twice As Many Electric Mustangs As Gas Ones

During the quarter, Ford and Lincoln sold a combined 85,789 electrified vehicles, which include both hybrid and pure battery-electric vehicles (BEV). That’s up 19.8 percent compared to last year, and it made up 15.7 percent of the brand’s sales mix. Last quarter, electrified cars made up just 13.5 percent of sales.

No doubt, some, well, scratch that, most of those sales came from buyers eager to grab a tax credit before it expired on September 30. Ford and GM, however, seem to have found a loophole to keep it alive a little longer, as we reported yesterday.

Battery Gains Build Momentum

That’s backed up in part by the huge gains Ford saw in its BEV sales. It delivered 30,612 EVs in the quarter. That’s a 30.2 percent increase over the same time period in 2024. Leading the way was the Mustang Mach-E, which recorded its best quarter since launching in 2020, climbing 50.7 percent to 20,177 units. The F-150 Lightning also posted a record quarter with 10,005 trucks sold. That’s up almost 40 percent.

Hybrids still make up the majority of Ford’s electrified sales. They accounted for 55,177 sales. The F-150 Hybrid continued its reign as the best-selling full-size hybrid truck in America with 22,212 sales. The Maverick Hybrid continued to dominate the midsize hybrid pickup segment with 63,516 sales, an 11.5 percent increase.

 Ford EV Sales Took Off Like Black Friday Doorbusters In Q3

Andrew Frick, president of Ford Blue and Model e, said the results highlight the company’s balance across powertrains. “We saw strong performance in gas, hybrid, and electrified powertrains, while at the same time growing our paid software solutions, all embedded in vehicles such as Expedition, Explorer, and F-150.”

Balancing Old and New

While some big automakers are pivoting around a shifting market, Ford seems on track to move from strength to strength. It’ll likely outsell GM and Stellantis combined with regard to electrified sales this year. And it’s managing that while ICE-powered vehicles see success as well.

 Ford EV Sales Took Off Like Black Friday Doorbusters In Q3

Tesla’s Model Y Performance Is A $57.5k Bargain, But There’s A Downside

  • Tesla’s Model Y Performance is now live on the configurator, priced at $57,490.
  • The all-wheel drive hero model has a 308-mile range and a 155 mph top speed.
  • Company has also increased lease prices following govt’s axing of EV tax credits.

Tesla’s facelift of the Model Y SUV hasn’t proved enough to halt a decline in sales, but from this week, there’s a fresh reason to give the automaker’s showrooms some of your time. The range-topping Model Y Performance is officially on sale in the US, and at just $57,490, it looks like a seriously good value for what it puts on the table.

If you’d rather lease the flagship Model Y Performance, Tesla’s current terms start with a $4,300 down payment and $635 per month for 36 months with a 10,000-mile annual limit. Opting for a shorter 24-month lease bumps the payment to $745 per month. The down payment is flexible, however, and can drop as low as $1,427 depending on how you structure the deal.

Related: Tesla’s Budget Model Y Is So Stripped Down It’s Begging For Tips

For that money, you get a bi-motor, all-wheel drive, five-seat SUV that can explode from zero to 60 mph (97 kmh) in just 3.3 seconds, tops out at 155 mph (250 kmh), and has a 308-mile (496 km) range. That compares with 4.6 seconds, 125 mph (201 kmh), and 327 miles (526 km) for the next Model Y down, the $48,990 Long Range All-Wheel Drive.

If you don’t care about the more explosive performance and a selection of other goodies like the body-hugging front sport seats and the improved suspension with adaptive damping that promises to offer a better handling and ride, you’re better off pocketing the $8,500 difference and opting for the Long Range AWD instead.

Options? What Options

Tesla doesn’t offer many options for the Performance, giving buyers the choice of six colors at no extra cost and no alternative wheel selections other than the standard 21-inch Arachnid 2.0 rims. The only really pricey available add-on is the over-promising Full Self-Driving package for $8,000, though buyers can inflate their bill with stuff like a roof rack and air mattress.

 Tesla’s Model Y Performance Is A $57.5k Bargain, But There’s A Downside
Tesla

We already knew some of the Performance tech details, plus how much it cost in Europe, but until now, US prices remained an unknown quantity. At $57.5k, the Performance massively undercuts Hyundai’s Ioniq 5N, which costs $66,200, but not Ford’s Mustang Mach-E in GT trim. One of those is only $54,495, but it is also half a second slower to 60 mph and has a poor 280-mile range. Then again, the 5N, which does match the Y against the clock, is rated at a pathetic 221 miles (356 km).

Though various states, such as Colorado, offer EV incentives that can bring the price of a Performance lower, the federal EV tax credit program finished at the end of September, having been axed by President Trump. That means no opportunity for a chunky $7,500 discount. And it also means leasing a Tesla just got more expensive.

Lease Prices Jump

Although Tesla so far hasn’t changed the MSRPs of its other cars, it did raise leasing prices when the tax credit availability expired, Reuters reports. Lease deals for the Model Y RWD and AWD jumped from a range of $479-$529 to $529-$599 a month. Meanwhile, Model 3 lease prices, including the Performance, jumped from a range of $349 to $699 to $429 to $759 per month.

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Tesla

Volvo Denies EM90 Minivan For America After PHEV Patent Surfaces

  • EM90 patent images in America reveal a surprising dual-flap design.
  • Chinese-market MPV is fully electric while US filing suggests hybrid.
  • Volvo denies any intention to sell the EM90 minivan in America.

Rumors of the Volvo EM90 minivan launching in the United States have kicked into overdrive after the company made a recent filing with the United States Patent and Trademark Office. Not only that, but the vehicle depicted in the patent images appears to be a plug-in hybrid, while the EM90 introduced in China is all-electric.

Read: New Volvo XC70 Dumps Its Wagon Past And Goes Full Crossover

Car and Driver spotted the filings and noted that the the Volvo EM90’s design is nearly identical to its Chinese counterpart, save for one detail that stands out. While the EV wears its charging port on the left rear quarter, the U.S. patent drawings add an extra flap on the right rear side.

What’s Behind The Extra Flap?

That second hatch led to speculation that the model in question could be hiding a fuel filler, keeping the charging port in its original place and thereby creating a plug-in hybrid setup. On the other hand, several manufacturers, Audi among them, have opted for dual charging ports on their electric models to make public charging easier. With that in mind, Volvo could just as easily be following a similar path with the EM90.

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Volvo’s Hybrid Plans

The emergence of this patent prompted suggestions that a plug-in hybrid EM90 could be the new hybrid Volvo has been promising to build at its Charleston factory in South Carolina. However, in a statement issued in response to the original story, Volvo denied any plans of selling the EM90 in the US and downplayed the possibility of it being the hybrid to be built in the US.

“[Volvo does] not have any plans to bring EM90 to the U.S. [Volvo] will share more details about the future hybrid to come to our Charleston plant at a later date,” the automaker said.

Of course, this begs the question as to why Volvo went to the trouble of patenting the vehicle in the US if it has no intention of selling it locally? It may have done so on the off chance that it reconsiders and decides to sell the EM90 in the United States.

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YouTuber MKBHD’s $50K Roadster Deposit Would Be Over $1 Million In Tesla Stock Today

  • Tesla promised the new Roadster in 2020 but it still hasn’t reached production.
  • MKBHD finally canceled his $50K Roadster reservation after eight years waiting.
  • Roadster depositors could have made 20x more by investing in Tesla stock instead.

It’s been eight long years since Tesla promised the second-generation Roadster, and yet the car still doesn’t exist outside of renders, prototypes, and Elon’s Twitter, err, sorry, X feed. Back in 2017, Tesla managed to talk plenty of people into dropping $5,000 for a reservation, followed by another $45,000 as a deposit, all with the confident assurance that production would begin in 2020.

The Refund Maze

For years, people have quietly wondered how you cancel a Roadster reservation, assuming anyone at Tesla would, you know, actually pick up the phone. Thanks to YouTuber Marquess Brownlee, better known as MKBHD, we finally know what the process looks like. Predictably, it’s a bit of a mess. Still, reservation holders can get their money back, even if it takes some persistence.

Read: 8 Years Later, Tesla’s Still Taking $50K Roadster Reservations Musk Promised For 2020

While speaking on a recent podcast, Brownlee said that he paid the $50,000 deposit for a next-gen Roadster when it was first announced in late 2017. When he later decided to cancel, he followed the required steps on the Tesla app and was given a phone number, but when he reached out, his call went straight to voicemail. When he did finally speak with someone, they said they didn’t know how to cancel the order, but assured him that they’d work out how to do it.

 YouTuber MKBHD’s $50K Roadster Deposit Would Be Over $1 Million In Tesla Stock Today

Money In, Money Out

Eventually, Tesla was able to confirm to Brownlee that he would receive the refund, but only for the $45,000 deposit, and not the initial $5,000 reservation fee that he had paid. Roughly a week after first sharing the story, the YouTuber took to X to reveal that Tesla had, in fact, also refunded him the $5,000, perhaps after realizing that its own website confirms this $5,000 is “fully refundable.”

The money paid to Tesla by Brownlee, as well as others who have placed deposits on the Roadster, may have been used by the electric automaker to help fund the development costs of the car, as well as other models. Either that, or it has been sitting in an account somewhere collecting interest over the past eight years.

Fun fact, had Brownlee put that $50,000 into Tesla stock back in 2017, when shares were around $22 a piece, instead of reserving a piece of vaporware, he’d be looking at more than $1 million today with the price sitting at $454 on October 1!

You Can Buy A New Dacia EV For Just $4,600 In Italy, But It’s Not For Everyone

  • New Italian incentive cuts EV prices by up to €11,000 for eligible buyers.
  • The scrappage bonus is limited to low-income families living in urban areas.
  • Dacia Spring now costs €3,900, while Leapmotor T03 can be had for €4,900.

At a time when prices of new cars keep climbing out of reach for many households, Italy has launched a surprisingly generous scrappage scheme that makes some EVs almost absurdly affordable. Under the program, low-income buyers who trade in a car registered before 2015 could drive home in a brand-new Dacia Spring for as little as €3,900 (about $4,600 at current exchange rates).

The €597 million ($700 million) initiative is designed to increase electric car sales to at least 39,000 units by June 2026. Right now, fully electric vehicles represent only 5.2% of Italy’s market, far behind the European Union average of 15.8%.

More: The Cheapest Peugeot 308 Has Something You’ll Miss In Pricier Trims

To qualify for the full €11,000 ($12,900) discount, prospective EV buyers must scrap a Euro 5 (or earlier) vehicle, live in an urban area with more than 50,000 residents, and have a family income below €30,000 ($35,200). Households earning up to €40,000 ($46,900) can still access a reduced €9,000 ($10,600) bonus. Small companies also benefit, with subsidies covering 30% of an EV’s cost capped at €20,000 ($23,500) per new vehicle.

Pocket-Sized Prices

Dacia has trimmed the Italian starting price of the Spring EV from €17,900 ($21,000) to €14,900 ($17,500). With the full scrappage bonus applied, the figure falls to the headline-grabbing €3,900 ($4,600). That entry point is for the Essential Electric 45 trim, equipped with a 44 hp (33 kW / 45 PS) motor and a 26.8 kWh battery, good for a range of 225 km (140 miles).

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Stellantis has also dropped the cost of the Leapmotor T03 from €18,900 ($22,200) to €15,900 ($18,700), meaning it can be purchased for €4,900 ($5,800) under the same scheme. As reported by Autonews, the Chinese brand claims that the heavily discounted price is “less than what you paid for your bicycle.”

More: Kia’s K4 Just Struck A Killer Blow To The VW Golf

Electric vehicles from other automakers are also eligible under the same scheme. Fiat offers the 500e from €9,950 ($11,700) and the electric version of the Grande Panda from €11,950 ($14,000). The closely-related Citroen e-C3 starts at €12,900 ($15,100), while the spacious e-C3 Aircross SUV is now offered from a discounted €15,790 ($18,500).

These prices are undeniably attractive, but the strict eligibility requirements mean the incentives only reach a narrow slice of the population. For now, the question is whether the subsidy will genuinely reshape Italy’s car market or simply deliver a short-term boost among those who qualify.

 You Can Buy A New Dacia EV For Just $4,600 In Italy, But It’s Not For Everyone

Citroen

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